P. 002

Plate 002 · Figure 1

Shiba Inu

Fig. 1 — “Shiba Inu, ticker $SHIB, 2020.

Entry No. 002

Shiba Inu

$SHIB

The self-described Dogecoin killer that built an actual ecosystem.

The little brother who hit the gym, learned to code, and built ShibaSwap. Not the original — but committed to the bit.

— Flaundy's marginalia

I. Origin

Launched August 2020 as an ERC-20 experiment in 'decentralized community building.' Half the supply was sent to Vitalik, who burned it.

II. Chronicle

  1. Aug 2020

    SHIB launches on Ethereum.

  2. May 2021

    Vitalik burns 410T SHIB; price erupts.

  3. Oct 2021

    Brief ATH ~$0.000088.

  4. 2023

    Shibarium L2 launches.

III. Cultural Impact

Showed that a meme could ship infrastructure — L2, DEX, NFTs, lore.

IV. Honest Audit

In favour

  • Real shipping team
  • Strong brand
  • L2 ecosystem

Against

  • Anonymous founder
  • Quintillion supply optics

VI. See Also